Latest Exploration News

Encounter Resources has reported a promising high-grade niobium intercept from initial drilling at its Joyce Prospect, validating its exploration strategy and setting the stage for an extensive 40,000m drill campaign.

Many Peaks Minerals Limited has retained its option to acquire 100% of the Baga Gold Project in Côte d’Ivoire, advancing exploration with amended payment terms that blend cash and shares.

WIN Metals has sold its non-core nickel rights and infrastructure at Munda to Auric Mining for $1.4 million, redirecting capital to advance its Butchers Creek Gold Project in the Kimberley region.

Krakatoa Resources Limited has secured an additional $357,000 through a top-up placement, boosting its recent capital raise to $1.659 million. The company also provides a comprehensive update on its Zopkhito Project in Georgia, alongside an extensive review of associated risks.

Aeris Resources has completed the drawdown of a $60 million Guarantee Facility from Washington H. Soul Pattinson, alongside an extension of its Term Facility, freeing up restricted cash and reinforcing its financial flexibility.

Health and Plant Protein Group Ltd (HPP) reveals ongoing confidential discussions on corporate opportunities and reaffirms plans to return surplus assets to shareholders.

Barton Gold Holdings has entered binding terms to acquire the Wudinna Gold Project in South Australia, adding 279,000 ounces of gold resources to its portfolio. The $15 million transaction, largely settled in shares and milestone payments, awaits Cobra Resources shareholder approval.

The Takeovers Panel has declared unacceptable circumstances in Emu NL’s recent shareholder meeting, citing a controversial share placement and proxy voting issues that clouded the election outcome and board control.

Tigers Realm Coal’s ongoing efforts to divest its Russian mining assets have hit a significant impasse amid geopolitical tensions, regulatory hurdles, and a stalled sale agreement, leaving the company suspended from ASX trading.

Mt Malcolm Mines has successfully completed a $1.04 million entitlement offer and raised an additional $200,000 through a placement, bolstering funds for its Western Australian gold projects.

Alligator Energy confirms executive succession with Dr Andrea Marsland-Smith stepping in as CEO from July 1, 2025, while Greg Hall transitions to a part-time executive director role. The company is actively recruiting for key operational leadership positions to support its uranium projects.

Magnetite Mines has increased its Razorback Iron Ore Project resource estimate and is advancing strategic partnerships, while early saline water testwork shows promise for green iron production.